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Symbol:JPO ~ indexed to JPMorgan's Commodity Index Crude oil sub-component


  • To: "Omega-List" <omega-list@xxxxxxxxxx>
  • Subject: Symbol:JPO ~ indexed to JPMorgan's Commodity Index Crude oil sub-component
  • From: "tabanna" <tabanna@xxxxxxxxxxxx>
  • Date: Mon, 15 Mar 1999 08:00:42 -0500 (EST)

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From: Rus Newton <rpn@xxxxxxxxxxxxxxxxxx>
<<There's already a "total return equity" for crude oil - JPMorgan's Crude
Oil
Preferred Security (ComPS) -  think the AMEX ticker is JPO. The price is
indexed to JPMorgan's Commodity Index Crude oil sub-component - so
effectively it's NYMEX WTI on AMEX from a return perspective.>>
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In case anyone is interested, J.P.Morgan advise that "JPO" is NOT exempt
from the UpTick Rule governing Short Sales.

Thank you Rus for this intro. to JPO as a Commodity Share  :)

cheers

Richard Harrisson
Aegina, Greece
------------------------
"Everyones friend is no-ones friend".
{ visit www.lliarsoflondon.com }